not alot of whippy!!, page-3

PDY hit 057 from memory after the t/h when the initial fe results were released late last year then dropped back significantly by the end of trade.

As for cash, well plenty coming soon courtesy of the unlisted options with a conversion price of just 01. The first tranche will bring in around $7m and more to follow. The downside is the dilution to shareholders.

Will be nearly 1.9b shares on issue after the first tranche and close to 3b once the rest of the unlisted and listed options get converted. The upside will be PDY will have around $25m in cash with AGU outlaying the money for the next round of exploration.

Time for PDY directors to start a concerted effort with AGU to prove the fe resource.